wynn is in the midst of international expansion. they have a casino in the process of being built but it's taking more time than they expect. what they're saying is that earnings stream from emerging market international growth is going to take some time before it comes online. so this is a stock that is probably going to be rage bound. remember, long term if you look at emerging market growth, if you look at the numbers in all the casino space, that's where the growth comes from. wynn is already positioning themselves. >> that could be an emerging marketplace, separate from las vegas? >> absolutely. many of these calls are three months, six months, nine months. >> true. >> if you have a long-term investment strategy, many people watching cnbc are saying, what's the asset i can buy for the next five years, that's the name you put in. that's not necessarily a bad thing when it hits for china markets. in all likelihood you'll see a rally. >> if you don't want emerging market debt, you can buy this and get the exposure? >> that's absol